Personal finance platform Klarna is to launch its global rewards programme in the UK this spring. It will allow its Buy-Now-Pay-Later consumers to earn points every time they use one of three payment options.
Consumers spent $1.14 trillion online globally and $257 billion in the U.S., compared to $1.1 trillion and $236 billion in 2020, setting a new record, according to Salesforce's 2021 Holiday Shopping Report.
Buy-Now-Pay-Later (BNPL) schemes have been criticised by Which? with the UK consumer body calling for stronger safeguards to stop online shoppers from choosing such loans to pay for products “without knowing the risks”.
The animal rights NGO has renewed its attacks against the two French luxury giants over the last few days, releasing videos denouncing conditions in the slaughterhouses of their Vietnamese suppliers of exotic skins.
Buy-Now-Pay-Later finance firm Clearpay has introduced its in-store payments programme in the UK in time for the festive shopping season. Shoppers can now buy items in selected retail stores using the Clearpay card.